20 Le Souef Street, Margaret River, WA 6285 | Property Value & History | OnTheHouse
OFF MARKET

20 Le Souef Street
Margaret River WA 6285

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 111m2
Land area: 1072m2
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Property Details for 20 Le Souef St, Margaret River

20 Le Souef St, Margaret River is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1940. The property has a land size of 1072m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1940
Floor Size
111m2
Land Size
1072m2
Local Government
Augusta-Margaret River
Lot/Plan
62/P006207

Last Listing description (July 2021)

Less than 200m from Bussell Hwy, on a pleasantly sloping 1071m2 block this 1940s home provides an income while you plan your 3 or 4 lot subdivision or development.
It is leased at $330pw to December 2021 so you can't move in this year. The tenant would like to stay longer if possible. We are seeking an investor, or potential occupant with a delayed possession plan.
Zoned R30/40 the property is connected to town water, deep sewer and town drainage and capable of yielding 3 or 4 lots. As a staged development you should get one R30 block or two R40 blocks without removing the house.

Due to great wines, awesome surf, a benevolent climate and the easy 3hr drive from the city, the town has grown consistently since the early 70s. The future is good here.
For further details and inspection please contact exclusive agent Bob Scott 0438 907 656
R30/40 zoning
Leased $330pw til December 2021
Holiday House catchment zone
Proximity to town centre

Property History for 20 Le Souef St, Margaret River, WA 6285

A timeline of how this property has performed in the market
Last Sold
$540,000
31 Mar 2021
  • 31 Mar 2021
    Sold for $540,000
  • 11 Feb 2021
    Listed for Sale $569,000
  • 10 Dec 2005
    Sold for $450,000
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About Margaret River 6285

The size of Margaret River is approximately 61.3 square kilometres. There are 32 parks, covering nearly 21.9% of the total area. The population of Margaret River in 2016 was 7654 people. By 2021 the population was 8918 showing a population growth of 16.5% in the area during that time. The predominant age group in Margaret River is 40-49 years. Households in Margaret River are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Margaret River work in a professional occupation.In 2021, 70.10% of the homes in Margaret River were owner-occupied compared with 65.60% in 2016.

Margaret River has 6,041 properties. Over the last 5 years, Houses in Margaret River have seen a 117.58% increase in median value, while Units have seen a 121.92% increase. As at 30 April 2026:

  • The median value for Houses in Margaret River is $1,163,083 while the median value for Units is $688,203.
  • Houses have a median rent of $760 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 7 properties listed for rent in Margaret river on OnTheHouse. According to Cotality's data, 287 properties were sold in the past 12 months in Margaret river.

Suburb Insights for Margaret River 6285

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.